Arumugam V v. The Managing Director
1 W.P.(MD)NO.15581 OF 2023 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 30.06.2023
CORAM
THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN W.P.(MD)No.15581 of 2023 V.Arumugam ... Petitioner Vs.
1. The Managing Director, Tamil Nadu State Transport Corporation Ltd., Thirunelveli Division, K.T.C.Nagar, Thirunelveli - 627 011.
2. The General Manager, Tamil Nadu State Transport Corporation Ltd., Nagercoil Region, Rani Thootam, Nagercoil, Kanyakumari District - 629 001.
3. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 600 002. ... Respondents Prayer: Writ petition filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondents to pay 6% interest for the belated payment of terminal benefits such as P.F. Gratuity, leave salary and commutation payable to the petitioner from the date of his retirement i.e. on 31.07.2022 to till the date of actual payment made to him i.e. 31.05.2023.
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2 W.P.(MD)NO.15581 OF 2023 For Petitioner : Mr.AK.Thangavelu For R-1 & R-2 : Mr.K.Ramaiah, Standing Counsel.
For R-3 : Mr.S.C.Herold Singh, Standing Counsel.
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O R D E R
Heard the learned counsel on either side.
2. The petitioner worked as Senior Superintendent in the respondent Corporation. He retired on 31.07.2022. However, his terminal benefits were settled only on 31.05.2023.
3.It is well settled that for such belated settlement, the retired employee is entitled to interest. I, therefore, direct the respondent Corporation to pay the interest to the writ petitioner computed at the rate of 6% per annum on the belated disbursement from the date of retirement till date of settlement. The interest amount shall be paid within a period of twelve weeks from the date of receipt of a copy of this order.
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3 W.P.(MD)NO.15581 OF 2023 4.This writ petition is allowed accordingly. No costs. 30.06.2023 NCS : Yes / No Index : Yes / No Internet : Yes/ No PMU To:
1. The Managing Director, Tamil Nadu State Transport Corporation Ltd., Thirunelveli Division, K.T.C.Nagar, Thirunelveli - 627 011.
2. The General Manager, Tamil Nadu State Transport Corporation Ltd., Nagercoil Region, Rani Thootam, Nagercoil, Kanyakumari District - 629 001.
3. The Administrator, Tamil Nadu State Transport Corporation Employees Pension Fund Trust, Thiruvalluvar Illam, Pallavan Salai, Chennai - 600 002.
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4 W.P.(MD)NO.15581 OF 2023 G.R.SWAMINATHAN,J.
PMU W.P.(MD)No.15581 of 2023 30.06.2023 4/4